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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (48695)10/6/2000 11:52:52 PM
From: Gary105  Read Replies (1) of 94695
 
Carl, thus far the downside is playing out. A reflex bounce at some point is likely - although it looks like we soon have downside test the QQQ breakout point established last May. I'm curious as to why you think the reflex bounce will take S&P all the way to new highs before the next collapse? Thanks,
Gary
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